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Nasdaq Comp Stocks Above 200-Day Average
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Nasdaq Composite on CRASH watch!

Oleh TradingETFscom
The chart shows the number of stocks above their 200 dma versus the Nasdaq Composite index and you could see the very negative divergence growing wider and wider. Big tech is hiding the extreme bearish market underneath the surface. This is coming to a point of a very fast sharp crash. If you look at the QQQ ETF you will notice that AAPL is over 11% of the QQQ ETF in terms of holdings. Once big tech starts to fall it's all going to come crashing down.
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